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J. Lauritzen CEO could face additional capital needs

J. Lauritzen, which is set to publish its second quarter interim report on August 19th, could need another USD 100 million in new capital injections from owner Lauritzen Fonden by as early as next year, analysts project. The pressure on new CEO Mads Peter Zacho looks set to grow further.

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Nordic shipowners see multiple problems with speed limit

Danish Shipping and the Norwegian Shipowners' Association think that there are many potential pitfalls in implementing a speed limit for vessels in order to reduce their greenhouse gas emissions. The discussion of a speed limit was instigated by the new ECSA chairman.

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